HDFC Bank increased FD interest rates, now you will get higher returns on investment, know the new rate

HDFC Bank FD Interest Rate Hike: In today’s era of inflation, no matter what a person’s monthly salary is, it becomes difficult to raise money. A huge amount is required for everything from children’s education to marriage and treatment. For this, people often invest in banks or markets or make fixed deposits (FD), due to which they get good returns as per the interest rates set by the banks. Meanwhile, HDFC Bank has given great news to its customers. Actually, HDFC Bank has announced an increase in interest rates on Fixed Deposit (FD), which will benefit millions of customers financially. The new interest rates have come into effect from tomorrow i.e. 6 March 2026.

How much did HDFC Bank increase the interest rate?

HDFC Bank has not increased the interest on all its FDs (Fixed Deposits), but has selected only FDs with a specific tenure. If you deposit money for 3 years 1 day to 4 years 7 months, now you will get 0.10% more interest than before. The interest received on the remaining FD will remain the same as before.

How much benefit will senior citizens get?

The bank has improved the interest rates for this special time period. Now general customers will get a return of 6.50% instead of the earlier interest of 6.40%. Similarly, while maintaining the additional benefit available to senior citizens, the rate for them has been increased from 6.90% to full 7%. Overall, profits for both categories of customers have increased by 0.10%.

What are the rates for other periods?

• HDFC Bank has changed its FD interest rates, which now vary according to the time limit.
• General customers are getting 2.75% to 6.50% interest on FDs ranging from 7 days to 10 years, whereas for senior citizens these rates are slightly higher i.e. between 3.25% to 7%.
• Interest rates for short tenures (7 to 29 days) start from 2.75%.
• Whereas on one year FD, 6.25% interest is being given to common people and 6.75% interest to the elderly.

How much profit on 2 year FD?

If you deposit money for 18 months to 2 years, then this profit increases to 6.45% and 6.95% respectively. On long term investment i.e. 5 to 10 years, general category will get 6.15% annual return and senior citizens will get 6.65% annual return.

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What things should be kept in mind before investing?

• Fixed Deposit (FD) is a great option for safe investment amidst the fluctuations in the stock market, because there is no risk on your money.
• However, before investing, like a wise investor, one must compare the interest rates of other banks.
• Also, choose the tenure of FD keeping in mind your needs and future plans.
• If you choose the right tenure at the right time, you can earn maximum profit on your deposited capital.